Under section 410 of the Companies Act, 2013, read with section 53A of the Competition Act, 2002,…
Section 410(b) of the Companies Act, 2013 empowers the National Company Law Appellate Tribunal to hear appeals against the directions, decisions or orders of the Competition…
Choose your answer
Under section 410 of the Companies Act, 2013, read with section 53A of the Competition Act, 2002, appeals against the appealable directions, decisions or orders of the Competition Commission of India are heard by the:
Answer and explanation
Correct answer B
Section 410(b) of the Companies Act, 2013 empowers the National Company Law Appellate Tribunal to hear appeals against the directions, decisions or orders of the Competition Commission of India referred to in section 53A of the Competition Act, 2002. The Finance Act, 2017 abolished the Competition Appellate Tribunal and transferred its functions to the NCLAT.
An appeal from the NCLAT's decision in such a matter lies to the Supreme Court under section 53T of the Competition Act, 2002, so the Supreme Court is not the first appellate forum, and the High Court is not the statutory appellate forum.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
UGC NET Law
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision